Oxford Nanopore Technologies plc (LSE: ONT)

https://www.nanoporetech.com

Oxford Nanopore Technologies Ltd has developed the world’s only portable, real-time DNA/RNA sequencer. The company is headquartered in Oxford, UK, with expanding global operations. The MinION is a portable, real-time, long-read, low-cost device that has been designed to bring easy biological analyses to anyone, whether in scientific research or a range of real-world applications such as disease/pathogen surveillance, environmental monitoring, food-chain surveillance, self-quantification, or even microgravity biology. Commercially available since 2015, the MinION is in use by a thriving community of scientists in more than 70 countries, where it is enabling myriad applications within the traditional laboratory environment and in the field. Nanopore sequencing technology is fully scalable. The GridION X5 is a desktop device that includes compute module and the ability to run up to five MinION Flow Cells. The high-throughput, high-sample-number PromethION has now been released in the PromethION Early Access Programme (PEAP). PromethION is nearly 300 times more powerful than the MinION, but modular and on-demand. In early 2018, Oxford Nanopore is producing more than 150Gb per PromethION Flow Cell; – PromethION is designed to run up to 48 Flow Cells. Customers are producing 70–100Gb per PromethION Flow Cell using clinical samples and plant samples as well as test samples. This shows that PromethION can deliver a sub-$1,000 human genome on long-read nanopore data alone. Oxford Nanopore aims to make DNA-based analyses easy enough for any user and so we are focused on simple sample preparation and data-analysis processes. For sample preparation, this includes a 5–10-minute sample prep kit and VolTRAX, a rapid, programmable, automated USB sample-preparation device designed to prepare DNA for addition to a nanopore sequencing device. The Company is also developing a single-test nanopore sequencing adapter for MinION (Flongle) and a smartphone sequencer, SmidgION. *

	Start	2021-09-24 reorganised
	Group	Oxford Nanopore (Group)
	Predecessor	Oxford Nanopore Technologies Ltd.
	Industry	DNA/RNA sequencing
	Industry 2	single molecule analysis
	Person	Sanghera, Gurdial (Gordon) (Oxford Nanopore 201907 CEO before Oxford NanoLabs 200506 CEO)

	Region	Oxford, Oxfordshire
	Country	United Kingdom (GB)
	Street	Edmund Halley Road Oxford Science Park, Gosling Building
	City	OX4 4DQ Oxford, Oxfordshire
	Tel	+44-8455-034-7900
		Address record changed: 2021-12-30

Basic data	Employees	E: 501 to 1,000 (2021-06-30)
	Currency	GBP
	Annual sales	113,860,000 (revenue, consolidated (2020) 2020-12-31)
	Profit	-61,244,000 (2020-12-31)
	Cash	119,687,000 (2021-06-30)

		* Document for »About Section«: Oxford Nanopore Technologies Ltd.. (3/20/18). "Press Release: Oxford Nanopore Announces £100 Million ($140M) Fundraising from Global Investors". Oxford.

		Record changed: 2023-10-20